tag:blogger.com,1999:blog-210192015822562732.post1890103039461102456..comments2024-02-19T03:16:14.001-07:00Comments on Life Among The Econ: The Grocery Game!Larry Eubankshttp://www.blogger.com/profile/15566964700226634137noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-210192015822562732.post-26498216579162390552008-01-07T23:48:00.000-07:002008-01-07T23:48:00.000-07:00Larry Eubanks said: "Maybe instead of thinking of ...Larry Eubanks said: "Maybe instead of thinking of groceries stores as suppliers of bread, or onions, we might want to think of grocery stores as supplying "trips" to buy groceries? How might this change the observations made in the essays about grocery stores? Or would there be little change in the analysis and discussion?"<BR/><BR/>I would have to say that this is how some retailers think and Douglas Loeperhttps://www.blogger.com/profile/02829283796004222368noreply@blogger.comtag:blogger.com,1999:blog-210192015822562732.post-35486673669398754992008-01-07T13:28:00.000-07:002008-01-07T13:28:00.000-07:00That is a good point, I think I mentioned somethin...That is a good point, I think I mentioned something about how turkeys or hams might go on sale to attract customers to complete all of their holiday shopping at that store and then they raise their prices on other complentary goods. This also is a HUGE reason why grocery stores have implented discount cards. They can keep track of what people are buying during these "trips" and by researching Jessica Wadehttps://www.blogger.com/profile/06310961859279765287noreply@blogger.comtag:blogger.com,1999:blog-210192015822562732.post-50805168675363890702008-01-07T13:23:00.000-07:002008-01-07T13:23:00.000-07:00This comment has been removed by the author.Jessica Wadehttps://www.blogger.com/profile/06310961859279765287noreply@blogger.comtag:blogger.com,1999:blog-210192015822562732.post-20019196781479793452008-01-07T11:04:00.000-07:002008-01-07T11:04:00.000-07:00After reading a number of essays on groceries, thi...After reading a number of essays on groceries, this essay suggests I thought I want to ask you to explore.<BR/><BR/>Much of the discussion I've read looks at groceries mostly in terms of individual items and individual prices. And, certainly, microeconomics encourages us to think in this way. Think about the theory of the firm in economics (i.e., our model of a business), the producer is Larry Eubankshttps://www.blogger.com/profile/15566964700226634137noreply@blogger.com